163 Elm StStoningtonCT06378
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Stonington at 163 Elm St, Stonington, CT, 06378 earns $54/mo cash flow from $3,960/mo rent with a $2,814/mo payment. Total monthly income totals $3,960/mo, and annual cash flow totals $642/yr on $189,175 capital. ROI tracks 20.4% on current figures, and rental yield reads 8.26% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 106.25% and total cumulative return in cash sums $200,999. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,960/mo property income instead of your personal income.
Single Family
Built in 1940
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06378, Stonington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,100 (100%) |
| Owner Occupied HU | 2,023 (65.3%) |
| Renter Occupied HU | 510 (16.5%) |
| Vacant Housing Units | 567 (18.3%) |
| Median Home Value | $644,531 |
| Average Home Value | $705,774 |
Housing Distribution
Address Breakdown
Residential
2,718
Single Family
2,657
Multi-Family
61
Businesses
329
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Listed by: GREG BROADBENT TEAM • RE/MAX Coast and Country
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090140
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.